return2ozma@lemmy.worldcake to A Boring Dystopia@lemmy.world · 3 months agoNearly 40% of Americans have less than $500 in cash savings, survey showswww.livenowfox.comexternal-linkmessage-square124fedilinkarrow-up1460arrow-down16
arrow-up1454arrow-down1external-linkNearly 40% of Americans have less than $500 in cash savings, survey showswww.livenowfox.comreturn2ozma@lemmy.worldcake to A Boring Dystopia@lemmy.world · 3 months agomessage-square124fedilink
minus-squareVupware@lemmy.ziplinkfedilinkarrow-up19arrow-down2·3 months agoI believe cash savings refer to liquid assets. That is to say, a savings account is a cash savings account, whereas an IRA or 401k are not, because the cash is tied up in investments.
I believe cash savings refer to liquid assets. That is to say, a savings account is a cash savings account, whereas an IRA or 401k are not, because the cash is tied up in investments.